Three things your clients may call you about this week …

What made financial headlines over the weekend?

clock • 3 min read

Hargreaves 'milking' children; harming the climate with your pension; and pension taper tantrums - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …

Hargreaves Lansdown milks child savers Hargreaves Lansdown is pocketing "sky-high" fees from child savers, according to this Sunday Times report, which focuses on how the investment giant charges all savers who invest in funds by way of an ISA a fee of 0.45%. The piece acknowledges this drops to 0.25% on savings of £250,000 to £1m and 0.1% on savings above that level but argues that young savers would hardly ever benefit from the lower fees because the maximum they can put away in one year is £4,368. Assuming the limit stays the same and investments grow at 6% a year, the most a young ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

What do younger clients really want from their adviser?

What do younger clients really want from their adviser?

'They're going to need all the help they can get'

Justin Cash
clock 21 October 2026 • 5 min read
CII and PFS celebrate more than 300 chartered graduates

CII and PFS celebrate more than 300 chartered graduates

347 graduate from CII and PFS

Sophia Panayi
clock 21 October 2026 • 2 min read
True Potential Wealth Management CEO calls for 'clear set of decisions' in upcoming Budget

True Potential Wealth Management CEO calls for 'clear set of decisions' in upcoming Budget

Short-term policy decisions ‘disturb’ advice landscape

Sophia Panayi
clock 20 October 2026 • 2 min read